Gross domestic product (GDP), Current prices, Domestic currency in Latvia
Latvia: Gross domestic product (GDP), Current prices, Domestic currency was 30.46 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Latvia, 1990–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Latvia is 30.46, measured in 2019. That is the highest value across all 30 years on record.
That represents a change of up 4.5% on the previous year and up 60.9% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Latvia peaked at 30.46 in 2019 and was at its lowest, 0.0969, in 1990.
That places Latvia 157th out of 194 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.0969 | — |
| 1991 | 0.2224 | +129.5% |
| 1992 | 1.56 | +600.9% |
| 1993 | 2.28 | +46.0% |
| 1994 | 3.17 | +39.2% |
| 1995 | 4.06 | +28.0% |
| 1996 | 4.68 | +15.3% |
| 1997 | 5.39 | +15.3% |
| 1998 | 6.01 | +11.5% |
| 1999 | 6.27 | +4.3% |
| 2000 | 6.86 | +9.5% |
| 2001 | 7.46 | +8.8% |
| 2002 | 8.4 | +12.5% |
| 2003 | 9.55 | +13.8% |
| 2004 | 11.07 | +15.9% |
| 2005 | 13.63 | +23.1% |
| 2006 | 17.16 | +25.9% |
| 2007 | 22.67 | +32.1% |
| 2008 | 24.46 | +7.9% |
| 2009 | 18.93 | -22.6% |
| 2010 | 18.02 | -4.8% |
| 2011 | 20.41 | +13.3% |
| 2012 | 22.05 | +8.0% |
| 2013 | 22.92 | +4.0% |
| 2014 | 23.61 | +3.0% |
| 2015 | 24.56 | +4.0% |
| 2016 | 25.36 | +3.3% |
| 2017 | 26.96 | +6.3% |
| 2018 | 29.14 | +8.1% |
| 2019 | 30.46 | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.37 | 0.0969 | 6.27 | 10 |
| 2000s | 14.02 | 6.86 | 24.46 | 10 |
| 2010s | 24.35 | 18.02 | 30.46 | 10 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Final consumption expenditure (constant 2015 US$), per capita 13,539 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 13.75 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.05 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 27,517 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 8.96 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.9255 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 24,351 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 6.59 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7243 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 19,058 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Latvia?
- Gross domestic product (gdp), current prices, domestic currency in Latvia was 30.46 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Latvia?
- The highest recorded value was 30.46 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Latvia?
- The lowest recorded value was 0.0969 in 1990.
- How does Latvia rank for gross domestic product (gdp), current prices, domestic currency?
- Latvia ranks 157th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Latvia?
- Over the last ten years it is up 60.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.